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Alternative Assets  + Real Estate  |  October 9, 2023
A. Walker & Co Launches JV Equity Investment Fund
Joe Palmisano
By: Joe Palmisano

A. Walker & Co Launches JV Equity Investment Fund

A. Walker & Co., a minority-owned and operated, institutionally backed investment manager, launched its inaugural vehicle, A. Walker & Co. Real Estate Opportunity Partners I, LP (REOP I).

The vehicle launched with a $24 million capital commitment from an institutional investor.

REOP I seeks to invest through the private real estate market. It has deployed $2.282 million into two transactions located in Los Angeles, CA and New Port Richey, FL. REOP I has a pipeline of approximately $64 million in transactions under active review for potential investment; they consist of 14 properties totaling 2,381 units and a total capitalization of $937 million.

REOP I primarily focuses on small- and middle-market multifamily and affordable housing transactions and deploys capital alongside emerging operators as a co-general partner, a limited partner, a preferred equity investor, and/or a mezzanine lender.

The fund is managed by an A. Walker & Co. investment committee led by Austin Walker, CEO.

“Inflationary pressure on rents nationwide, housing inventory challenges, as well as tailwinds provided by the widening gap between cost of home ownership versus renting have created an optimal investment environment for affordable and workforce (“attainable”) housing,” said Walker.

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A. Walker & Co.

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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